List of Articles Insurance Companies

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  1 - Evaluating Forecasting ability of Stock Price by Grey Models, Static and Dynamic Neural Networks (Case Study: Insurance Companies of Tehran Stock Exchange)
  Hanif Heidari Seyed Rohollah Ahmadi Haji Abadi Mahboubeh Faghih Mohammadi Jalali
  Predicting stock price is an important issue in both theoretical and practical aspects. Researchers develop prediction methods to get more accurate forecasting and investors try to find best investing program which depends on future prediction of their markets. The aim More

  Predicting stock price is an important issue in both theoretical and practical aspects. Researchers develop prediction methods to get more accurate forecasting and investors try to find best investing program which depends on future prediction of their markets. The aim of this paper is comparing artificial neural network (ANN), nonlinear autoregressive exogenous model (NARX) and grey model (GM) for predicting stock price. The stock prices of insurance companies in Tehran Stock Exchange are considered in the period 7-10-2009- 9-10-2017. The variables 5 days simple moving average (MA-5), 20 days simple moving average (MA-20), moving average convergence divergence (MACD), gold price, oil price and exchange rate are considered for the prediction. Based on these variables, the models GM(1,1), GM(1,4) and GM(1,7) are selected for the prediction. The results show that ANN and NARX are in the same performance level while grey models have lower performance. The numerical simulations demonstrate that ANN and NARX provide reasonably good prediction with the average error RSME=2.04. Manuscript profile
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  2 - Investigating Risk Management Structure and Portfolio Management of Insurance Companies
  Mirfeiz Fallah Shams Zahra Mobaraki
  In this study, we consider the relationship between insurancecompanies' return and risk, risk-aversion or risk-taking of portfoliomanagers investing for insurance companies. It was examined by meansof P/E measure. The performance of insurance companies has beenstudied b More

  In this study, we consider the relationship between insurancecompanies' return and risk, risk-aversion or risk-taking of portfoliomanagers investing for insurance companies. It was examined by meansof P/E measure. The performance of insurance companies has beenstudied by applying combined portfolio performance measures. First, Themeasure of Sharp, Treynor, Jensen and P/E measure of Iranian insurancecompanies and central insurance were appraised in comparison withGhadir (irsnian Investment co. To test the hypotheses, we used the SPSS15 software. The results show:Portfolio managers investing for insurance companies are not risktaking.Insurance companies are risk-taking in comparison with Ghadirinvestment company and are neutral when compared with nationalinvesting companies.According to Sharp measure, portfolio managers investing forinsurance companies use the passive strategy in comparison with Market.According to Treynor measure, portfolio managers investing for Iraninsurance company are neutral, whereas portfolio managers investingcentral insurance company apply the active strategy meaningfully.According to Jensen measure, portfolio managers investing forinsurance companies are neutral in comparison with Market. On the basisof each studied measures, portfolio managers investing for insurancecompanies are neutral when compared with portfolio managers investingfor investment companies. Hence, the hypothesis was rejected.There is no meaningful relationship between investing portfolio returnand risk of Iran insurance companies.There is a meaningful relationship between investing portfolio returnand risk of central insurance companies Manuscript profile
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  3 - The Relationship between Returns to Scale and Size of Companies using Data Envelopmment Analysis in Iranian Insurance Companies
  Elham Sadeghi Mohsen Rostami Malkhalife Mohammadreza Miri Lavasani Mohamadhamed Khanmohamadi
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  4 - A Comparison of the Customer Relationship Management Strategies of Nigerian Banks and Insurance Companies
  Ayodele Fagbemi Folake Olowokudejo
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  5 - The Effect of Insurer Personality Characteristics on Brand Personality and Brand Loyalty (Case Study: Iranian Insurance Companies in Langrood County)
  faranak khodayari Sedigheh Tootian Esfahani Roghayeh Tajbar Parashkoohi
  The aim of this research is answer the key question of what is the extent to prediction of customer loyalty to a brand toward effectiveness model of the big five personalities and also brand personality perceived. Statistical society of the present research is the custo More

  The aim of this research is answer the key question of what is the extent to prediction of customer loyalty to a brand toward effectiveness model of the big five personalities and also brand personality perceived. Statistical society of the present research is the customers of Iran insurance companies of Guilan Province. 377 questionnaires in sample taking mode were distributed. It is worth noting that the hypothesis testing of research is taken utilizing the partial least square (PLS) as well as exploiting of statistical analysis software. The results indicate the meaningful impact of every five dimensions of customer`s personality specifications (flexibility, conscientiousness, extroversion and agreeableness, neurotic) on one of dimensions per ceiled for the brand minimally (charming, competency and anxiety) and therefore each one of dimensions perceived for the brand has also meaningful impact on brand loyalty. Manuscript profile
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  6 - Cost Reengineering In Iranian Insurance Companies
  حمیدرضا شماخی
  The new organizations establish base on concepts such as value customer, valuebased management, value chain analysis, value engineering, wealth (value) creation.Three factors, cost, quality & quantity, are very important on continuingorganizations. The companies try More

  The new organizations establish base on concepts such as value customer, valuebased management, value chain analysis, value engineering, wealth (value) creation.Three factors, cost, quality & quantity, are very important on continuingorganizations. The companies try to delivery their products & services in at least cost,high quality & quantity to customers. Accounting information systems must be updated with new conditions business & customers' needs. Updated accountinginformation systems provide information for make decision, planning, control & othertasks of management. Cost management system has been designed to reply to newmanagement needs in currently business environment. Cost management system has astrategic view to cost, control & reduction expenses, increase quality & quantity.This article explains, how to adjust the costing framework in iranian insurancecompanies by new approaches in managerial accounting. Integrated activity basedcosting & economic value added model for determining cost of policies & fair price ininsurance company will be discussed. The findings show that 1. cost of the policiesshould be adjusted, 2. Integrated activity based costing & economic value addedmodel can be used in iranian insurance companies. Manuscript profile
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  7 - Fuzzy Data Envelopment Analysis Approach for Ranking of Stocks with an Application to Tehran Stock Exchange
  Pejman Peykani Emran Mohammadi Mohsen Rostamy-Malkhalifeh Farhad Hosseinzadeh Lotfi
  10.22034/amfa.2019.581412.1155
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  8 - Performance Analysis and Rating of Insurance Companies Using DEA in Iran Capital Market
  Mahboubeh Jafari Maryam Mousavi
  10.22034/amfa.2017.533100
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  9 - The Relationship between Factors Affecting on Workplace Relationship Cohesion
  Afsaneh Khalaj Ahmad Rahchamani
  The purpose of this research was to study the relationship between factors affecting on workplace relationship cohesion. This applied research has been done by descriptive correlation method. Statistical population involved all employees of Iran, Asia, Parsian and Karaf More

  The purpose of this research was to study the relationship between factors affecting on workplace relationship cohesion. This applied research has been done by descriptive correlation method. Statistical population involved all employees of Iran, Asia, Parsian and Karafarin insurance companies in Alborz province that 520 employees were selected as the sample through probabilistic sampling. The data were collected by Grice et al. (2017) questionnaire. Its validity was confirmed according to professors and experts' views and its reliability was confirmed by using Cronbach's alpha test. Research hypotheses were analyzed using structural equation modeling in LISREL8.54 software. The findings indicated that internal support has a positive and significant effect on the organizational relationship quality and psychological connectedness; Organizational relationship quality has a positive and significant effect on psychological connectedness; Internal socialization has a positive and significant effect on the interpersonal relationship quality, but it has no a significant effect on psychological connectedness; Interpersonal relationship quality has a positive and significant effect on psychological connectedness. Also, 17.2% of the total internal support effect on psychological connectedness indirectly explained by the mediator variable of organizational relationship quality, and 41.3% of the total internal socialization effect on psychological connectedness indirectly explained by the mediator variable of the Interpersonal relationship quality. Manuscript profile
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  10 - Investigating the Impact of Organizational Strategy on Life Insurance Demand (Case study: Bushehr insurance companies)
  azimeh hamidian Esmaeil Kamalirad
  10.30495/msds.2022.1948130.1025
  Life insurance, like other insurances, is the answer to the worries and anxieties of the people of a society. The insurer's concern stems from unexpected events such as disability and death, or from changes in the family's income and economic conditions. In this type of More

  Life insurance, like other insurances, is the answer to the worries and anxieties of the people of a society. The insurer's concern stems from unexpected events such as disability and death, or from changes in the family's income and economic conditions. In this type of insurance, the insurer can, depending on the condition of receiving the insurance benefits of the insurance (life or death of the insured), how to receive the benefits (lump sum or as a pension), the time of receiving the benefits and paying the premium, any insurance policy that answer his needs, buy. This study was conducted to investigate the effect of organizational strategy on life insurance demand in insurance companies in Bushehr province. In this study, research variables were evaluated by a questionnaire. The questionnaire was distributed among 136 sample people from the statistical population, which is all managers and experts of insurance companies in Bushehr province. The research method was descriptive-correlational. To answer the questions and test the research hypotheses with Smart-PLS software, the method of studying structural equations and path analysis using the partial least squares (PLS) method was used. The results indicate that all three organizational strategies (market penetration strategy, development strategy and product development strategy) have a significant effect on life insurance demand in insurance companies in Bushehr province. The results also showed that the product development strategy has the greatest impact on life insurance demand in insurance companies in Bushehr province. Manuscript profile
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  11 - Evaluate the performance of insurance companies listed on the stock exchange
  Fahimeh Khajavi dehshib mohammadreza rostami maryam mosleh
  The present study has identified the effective components and indicators to evaluate the performance of listed companies. The present research is applied research in terms of purpose and descriptive-survey in terms of nature. The data collection tool is a questionnaire. More

  The present study has identified the effective components and indicators to evaluate the performance of listed companies. The present research is applied research in terms of purpose and descriptive-survey in terms of nature. The data collection tool is a questionnaire. In order to identify the components and indicators for evaluating the performance of insurance companies in the stock market, library and internet studies including books, documents, articles and researches of other domestic and foreign researchers were conducted. The indicators were reviewed after extracting the opinion of experts (17 experts and representatives of the Central Insurance) using the Delphi method. AHP software was used to identify the indicators and t-test and then AHP network analysis technique was used to prioritize the components. The most important indicator for evaluating the performance of insurance companies in the stock market is the insurance loss ratio, and the second priority is the profitability of the third priority, the reliability of investors, the fourth priority, the extent of the sales network and the fifth priority, the volume of the contract. According to the results, among the 17 insurances in the stock market, Parsian Insurance received the highest score and Saman Insurance Company obtained the lowest score. Manuscript profile
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  12 - Financial assessment of private and public insurance companies using Collaborative Interoperability and Shannon Entropy
  Sepideh pourazad elaheh khamseh Shadi Shahverdiani mahnaz Ahadzadeh Namin
  The insurance industry in Iran is growing, despite its long history of its presence in the Iranian economic market, has not yet been able to find a suitable penetration factor in the market.On the other hand, the increase of private companies and the increase of competi More

  The insurance industry in Iran is growing, despite its long history of its presence in the Iranian economic market, has not yet been able to find a suitable penetration factor in the market.On the other hand, the increase of private companies and the increase of competition along with the unfavorable economic conditions of private sector actors in the industry and services sectors and the reduction of the share of insurance from the Iranian family of portfolios, due to other existing costs, made it harder for the insurance industry to work.In this paper, we will use the cross-over efficiency method in DEA based on the Shannon entropy, recently proposed by Sung and Liu (2016), to evaluate insurance companies in Iran. First, through interviews with experts in this field, the most important indicators of financial efficiency assessment were identified, which included 6 indicators. In the next step, in order to evaluate performance and ranking in the statistical society, 20 private and public insurance companies use cross-efficiency integration model and Shannon entropy. The ranking of insurance companies in Iran for the three consecutive years of 1393 to 1395. The results of the research indicate a complete ranking of insurance companies in Iran using the model presented in this paper Manuscript profile
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  13 - The Effect of Risk on Stock Prices of Banks and Insurance Companies with Regard to the Role of Corporate Governance Mechanisms
  سحر پژوهی امین ناظمی نویدرضا نمازی
  10.30495/jdaa.2022.693139
  Abstract The purpose of this study is to investigate the effect of risk on stock prices of banks and insurance companies with respect to the moderating role of corporate governance mechanisms. For this purpose, the data of 24 banks and 25 insurance companies listed on More

  Abstract The purpose of this study is to investigate the effect of risk on stock prices of banks and insurance companies with respect to the moderating role of corporate governance mechanisms. For this purpose, the data of 24 banks and 25 insurance companies listed on the Tehran Stock Exchange in the period 2010 to 2019 were studied. Multivariate regression model were used to test the hypotheses. The results showed that in banks, market risk has a positive and significant effect on stock prices and the variables of credit risk and liquidity risk have a negative and significant effect on the stock price of the banking industry. In insurance companies, market risk and liquidity risk have a positive and significant effect on stock prices and credit risk has a negative and significant effect on stock prices in this industry. Also, the findings on risk showed that in the credit risk of banks, the variables of institutional ownership, independent committee and audit committee have a negative and significant effect on the stock price of the banks. In banks' market risk, the variables of the independent committee and the audit committee have a negative and significant effect on the bank's stock price. In addition, in the credit risk of insurance companies, managerial ownership has a positive and significant effect on the company's stock price and the size of the board has a negative and significant effect on the company's stock price. In the market risk of insurance companies, managerial ownership has a positive and significant effect on the company's stock price and the independent committee has a negative and significant effect on the company's stock price. In the liquidity risk of insurance companies, managerial ownership has a positive and significant effect on the company's stock price. The results of this study can help managers of banks and insurance companies to make strategic decisions. Manuscript profile